Markets Anxious Amid Inflation Worries, Global Tensions
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Markets are fearful of many things right now, dubbed "pantophobia," though not quite in full panic mode yet.
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Inflation data is sending mixed signals, with services inflation still high in the U.S. and China.
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Investors are confused on where to find safe haven investments amid global tensions like the Russia-Ukraine war.
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The weekend poses risks of further escalation in the Israel-Gaza conflict, driving up oil, gold, and bond prices.
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After optimism earlier in the week, markets ended flat to lower on Friday despite solid bank earnings as risks persist.